Call reports 2003
VALLEY EXCHANGE BANK — 2003
What VALLEY EXCHANGE BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 52,939,000 | 54,054,000 | 54,295,000 | 54,981,000 |
| Total loans | 28,797,000 | 29,700,000 | 28,922,000 | 29,903,000 |
| Allowance for loan losses | 336,000 | 342,000 | 357,000 | 358,000 |
| Securities available for sale | 2,761,000 | 5,004,000 | 4,002,000 | 5,747,000 |
| Securities held to maturity | 16,181,000 | 15,871,000 | 18,089,000 | 16,413,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,004,000 | 44,924,000 | 45,180,000 | 46,064,000 |
| Interest-bearing deposits | 38,983,000 | 40,182,000 | 39,947,000 | 40,831,000 |
| Noninterest-bearing deposits | 5,021,000 | 4,742,000 | 5,233,000 | 5,233,000 |
| Equity capital | 8,714,000 | 8,785,000 | 8,841,000 | 8,704,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 565,000 | 1,138,000 | 1,691,000 | 2,224,000 |
| Interest expense | 191,000 | 373,000 | 549,000 | 709,000 |
| Net interest income | 374,000 | 765,000 | 1,142,000 | 1,515,000 |
| Noninterest income | 63,000 | 130,000 | 198,000 | 258,000 |
| Noninterest expense | 326,000 | 670,000 | 1,007,000 | 1,342,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 15,000 |
| Pretax income | 111,000 | 225,000 | 318,000 | 416,000 |
| Income tax | 40,000 | 81,000 | 115,000 | 147,000 |
| Net income | 71,000 | 144,000 | 203,000 | 269,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,684,000 | 8,756,000 | 8,814,000 | 8,679,000 |
| Total capital | 9,020,000 | 9,098,000 | 9,165,000 | 9,037,000 |
| Risk-weighted assets | 28,187,000 | 28,761,000 | 28,051,000 | 29,198,000 |